Motor Industry News

My Motorcycle Check top tips for UK used motorbike buyers in September and October 2015, including bike of the month: Honda CBR1000RR Fireblade 2004-05

“2004-05 Honda CBR1000RR is the stand out model in the Fireblade story”- Rob Hobson

New bike market up 13.1% to end of July compared to last year

We have reduced most used values slightly this month

Never pay cash, trust your gut feeling and check before you buy.

My Motorcycle Check – the UK’s No.1 motorbike and scooter provenance website, has saved many a biker from making an expensive two-wheeled mistake. In these monthly bulletins its Valuation Team’s experts reveal significant trends in the UK market and choose a ‘bike of the month’.

My Motorcycle Check’s Rob Hobson said: “The 2004-05 model Honda CBR1000RR Fireblade is the stand out model in the Fireblade story. Find a good example and you can’t go wrong. Genuine Repsol replica models in particular are great. As always, check to make sure the one you’re looking at is what it claims to be, especially when buying privately.”

As to market trends, Hobson said: “Despite the rather wet summer, the new bike market continues to grow. It was up 13.1% to end of July compared to last year. The general feeling is that demand held up well during August, and September’s new plate should provide a further boost.

“The naked and adventure sport sectors are both recording strong growth. Combined, they now account for around two thirds of the entire new market. It is also worth noting that the sports style category is showing an 11% increase (equating to an additional 900 units registered), while the touring and sports tour sectors are both down.

“The PCX125 Honda Scooter tops the overall sales chart by model, with the Yamaha MT09 Tracer and MT07 ABS both significant in the market. Ducati has carved a good niche with its Scrambler variants.

“July’s statistics provide an interesting snapshot of how the market has changed. While it is no surprise that Honda and Yamaha still top the manufacturer sales table, surely few would have predicted five years ago that they would be followed by Lexmoto and BMW. With Suzuki and Kawasaki behind Triumph and just above KTM, Piaggio is in danger of falling out of the top ten.

“The success of the naked and adventure sport sectors is reflected in the used market. We have reduced most used values slightly this month, which is normal for the time of year, and we don’t see any major changes in the short term.”

It uses up-to-the-minute data from the Police, the Driver and Vehicle Licensing Agency (DVLA), the Association of British Insurers (ABI) and major finance houses including Lloyds TSB and Santander.

To help UK consumers make the right choice, MyMotorcycleCheck.com provides an instant snapshot of all the key vehicle information. For only £4.95 you can confirm whether your potential pride and joy has ever been scrapped, stolen or written-off, has any money owing on it, has had a plate or colour change and much more.